Importantly, several Wall Street analysts have updated or reiterated their forecasts since DeepSeek published its research paper last week, and they all see upside in Nvidia stock from its current price of $128 per share. Gil Luria at D.A. Davidson set his target price at $135 per share, implying a 5% upside.
Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.
The Chinese start-up DeepSeek’s latest large language model has been described as a ‘Sputnik moment’ for the American tech industry
The US president wants US tech companies to dominate artificial intelligence but acknowledges the challenge posed by the low-cost rival, DeepSeek.
TAIPEI, Jan 17 (Reuters) - Nvidia's (NVDA.O), opens new tab chief executive Jensen Huang said on Friday he will not be attending U.S. President-elect Donald Trump's inauguration, but will instead ...
Nvidia CEO Jensen Huang Huang said he will be celebrating Lunar New Year with employees.
Trump dubs DeepSeek's new AI model a wake-up call for US tech firms. He urged them to focus on innovation to retain their competitive edge.
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company faced another selloff Wednesday.
China shocked the West with its announcement of DeepSeek, an artificial intelligence network capable of competing with OpenAI, Meta and Google. The fact that China was able to develop DeepSeek without a heavy supply of sophisticated microchips from Nvidia sent Nvidia stock spiralling,
I can’t say that I can honor something I haven’t read,” Howard Lutnick, Trump’s nominee for commerce secretary, said of the binding CHIPS and Science Act awards in a confirmation hearing on Wednesday.